LucroTrade

LucroTrade, operating under the domain lucrotrade.com, is a cryptocurrency trading platform that positions itself as a one-stop solution for spot, margin, futures, and automated trading. The entity is also known as IVS Holdings Ltd and is registered in Saint Vincent and the Grenadines, with a founding date of May 9, 2019. Despite a Canadian registration on file, the broker’s primary jurisdiction appears to be the Caribbean.

According to industry databases, the broker’s official website has previously been reported as shut down, but current checks show the domain is live and actively promoting trading services. This discrepancy may indicate a relaunch or intermittent availability. As of our review, no regulatory oversight is listed for any jurisdiction.

LucroTrade offers a tiered account structure, though details are not prominently displayed on the website. From our records, the account tiers and minimum deposits are as follows: Bronze requires $250–$5,000; Silver $5,000–$20,000; Gold $20,000–$100,000; and Platinum $100,000+. A second set of tiers appears in our data, suggesting a possible dual structure: Silver ($50,000–$100,000), Gold ($100,000–$250,000), and Platinum (over $250,000). This inconsistency may indicate changes over time or separate product lines.

Maximum leverage is not specified for any account type in our records. The website itself does not list these tiers, focusing instead on a single institutional-grade account with zero internal fees. Traders seeking clarity on account features should contact the broker directly, as public information is limited.

The LucroTrade platform is built on a proprietary low-latency Go engine, offering sub-millisecond order matching. It supports spot and margin trading with up to 125x leverage on cryptocurrencies, as well as futures contracts, staking, and prediction markets. The broker also promotes AI trading bots that can be deployed automatically.

Available instruments appear to be exclusively crypto-based. No traditional forex, indices, or commodities are mentioned. The platform provides real-time market data, advanced charting, and depth indicators. Security features include cold storage for assets, two-factor authentication, withdrawal whitelists, and on-chain verification of deposits.

LucroTrade does not hold any known regulatory licences from major financial authorities. Its registration in Saint Vincent and the Grenadines (SVG) does not constitute regulation, as SVG does not oversee forex or crypto brokers. The firm’s status as IVS Holdings Ltd in SVG places it outside the purview of tier-1 regulators.

In FXCanary’s assessment, the absence of regulation is a significant caution point. The broker’s website emphasizes security features like cold storage and 2FA, but these are operational measures, not regulatory safeguards. Traders should be aware that there is no external dispute resolution or compensation scheme. Our Scam Risk Score of 45/100 reflects this guarded outlook.

LucroTrade appears aimed at retail and experienced crypto traders seeking high leverage and automated trading solutions. The platform’s emphasis on AI bots, 24/7 markets, and zero internal fees appeals to tech-savvy users who want a single account for multiple crypto products. However, the high minimum deposits for Silver, Gold, and Platinum tiers may exclude smaller retail traders.

The broker’s unregulated status may deter those who prioritize regulatory protection. Institutional features like cold storage and sub-ms execution could attract sophisticated traders willing to accept higher risk. Overall, LucroTrade is best suited for traders already familiar with crypto derivatives and who are comfortable operating outside regulated frameworks.

The broker’s claim of 'zero internal fees' is notable but should be verified in the fee schedule, which is not publicly detailed. Withdrawal and deposit policies also lack specification. The platform’s availability and historical reliability are uncertain given reports of the site being previously shut down.

Traders are advised to perform due diligence, test the platform with minimal funds, and consider the risks of trading on an unregulated platform offering up to 125x leverage. The crypto market’s volatility combined with high leverage can lead to rapid losses.